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This year marks the 10th International Day of Yoga with the theme “Yoga for Self and Society.” Yoga, a transformative practice, represents the harmony of mind and body, the balance between thought and action, and the unity of restraint and fulfillment. It integrates the body, mind, spirit, and soul, offering a holistic approach to health and well-being that brings peace to our hectic lives.
Today it is Celebrated in various forms around the world.Let’s get started with easy moves.
SJVN Limited has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Patna (IIT Patna) to use advanced geological models in SJVN’s tunnelling projects, thus significantly reducing time and cost overruns.
One of the key outcomes of this partnership will be the development of predictive analytics algorithms. These algorithms, leveraging integrated geotechnical data, will forecast potential risks and provide early warning systems specifically tailored for tunnelling projects. Such proactive measures are expected to substantially mitigate time and cost overruns during project execution.
Chairperson & Managing Director, SJVN, Smt. Geeta Kapur said that the primary focus of the MoU is to develop cutting-edge methodologies which integrate diverse geotechnical data sources. These would include geological surveys, borehole data, geophysical measurements and monitoring data from projects of SJVN.
The collaboration also aims to evaluate the intricate relationship between overburden and deformation, thereby enhancing the evaluation and design of support systems crucial for tunnelling projects. By harnessing integrated geotechnical data and 3D geological models, SJVN and IIT Patna aim to identify and analyze potential risks and hazards.
The MoU has been signed in the presence of Director (Finance), SJVN, Shri A.K Singh and Director, IIT Patna Shri T.N Singh in New Delhi on April 2, 2024. CGM (Civil), Shri R.K Gupta; GM (Finance), Shri Jitender Yadav; GM (Civil), Shri Hemant Kumar Shaklya; and GM (Geology), Shri Akshay Acharya from SJVN, and Professor A. K. Verma from IIT Patna were also present on the occasion of the signing ceremony.
SJVN and IIT Patna are committed to driving sustainable development and technological excellence through this strategic partnership.
SJVN Limited, a prominent player in India’s power generation industry, has been a beacon of sustainable energy since its inception on May 24, 1988. Established as a joint venture between the Government of India and the Government of Himachal Pradesh, SJVN has evolved into a listed company with a robust shareholder base. Currently, the company’s ownership stands at 59.92% with the Government of India, 26.85% with the Government of Himachal Pradesh, and the remaining 13.23% held by the public. With a paid-up capital of Rs. 3,929.80 Crore and an authorized capital of Rs. 7,000 Crore, SJVN boasts a substantial net worth of Rs. 13,821.97 Crore as of March 31, 2023.
Akhileshwar Singh, the Director of Finance at SJVNL Limited, is a pivotal figure in the company’s journey. With 35 years of experience as a pioneering advocate for solar energy, Singh has played a crucial role in SJVN’s success story.
SJVN Limited is primarily engaged in the business of electricity generation and tariff regulation. The company offers a diverse range of products and services, including electricity generation from hydro, wind, and solar sources, consultancy services, and power transmission. Its operations encompass thermal power, hydro power, wind power, solar power, power transmission, consultancy, and power trading.
Recently, SJVN Green Energy secured a Letter of Awards from the Assam Power Development Corporation (APDCL) for three solar power projects, totaling 320 MW in capacity. These projects are expected to generate a cumulative 628 million units in their first year of operation and approximately 14,591 million units over 25 years. With an estimated construction cost of Rs. 1,900 Crores, the projects are scheduled to be commissioned by March 2025. The commissioning of these projects will contribute significantly to reducing carbon emissions by 7.14 lakh tonnes, aligning with the government’s mission to combat climate change.
SJVN Limited has set ambitious goals for the future, driven by its vision to become a globally admired Indian Power Company known for delivering affordable clean power and sustainable value to all stakeholders. With a mission focused on socio-economic growth and optimizing shareholders’ and stakeholders’ interests, SJVN aims to achieve a remarkable milestone: a 50,000 MW installed capacity by 2040.
Akhileshwar Singh emphasized the company’s commitment to aligning with the Honorable Prime Minister’s vision of generating 500 GW from non-fossil sources by 2030. Under the dynamic leadership of Sh. Nand Lal Sharma, SJVN has re-engineered its business model, setting targets of 5,000 MW by 2023, 25,000 MW by 2030, and the ultimate goal of 50,000 MW by 2040.
SJVN’s commitment extends to harnessing energy in Uttar Pradesh, with plans to invest around Rs. 30,000 to 35,000 crore in the next 5-6 years. This strategic investment is poised to make a substantial impact on the energy landscape of the state and further propel SJVN’s mission of providing clean and affordable power to the nation.
Akhileshwar Singh’s journey to becoming the Director of Finance at SJVN Limited is nothing short of inspiring. Starting his career in 1987 with Hindustan Paper Corporation Limited, he joined SJVN in 1993 as a Senior Finance Officer. His remarkable ascent through the ranks, from Assistant Manager to Head of Internal Audit, culminated in his appointment as Director of Finance in 2020. Singh’s dedication, vision, and expertise have been instrumental in shaping SJVN’s trajectory toward sustainable energy and growth.
When asked about his approach as Director of Finance, Akhileshwar Singh cited his study of the growth stories of two major power sector PSUs – NTPC and NHPC. He analyzed their trajectories, examining how NTPC had grown to generate 70,000 MW of power, while NHPC focused on 7,000 MW. Singh probed into the factors, including technological changes and the complexities of developing hydro projects, that impacted the power sector.
He also explored the emergence of storage in solar power, cost competitiveness in various forms of power generation, and crafted a strategic roadmap for SJVN to remain at the forefront of the industry.
As India continues its journey towards sustainable energy and reducing carbon emissions, SJVN Limited, under the stewardship of leaders like Akhileshwar Singh, stands ready to play a pivotal role in shaping a cleaner and brighter future for the nation. With its commitment to innovation and sustainable practices, SJVN is a shining example of India’s progress in the realm of clean and renewable energy.
Prime Minister Shri Narendra Modi will launch ‘Viksit Bharat @2047 : Voice of Youth’ on 11th December, 2023 at 10:30 AM via video conferencing. Prime Minister will also address the Vice Chancellors of the Universities, Heads of Institutes and faculty members in workshops organised at Raj Bhawans across the country, which will symbolise the start of the initiative.
Prime Minister’s vision is to actively involve the youth of the country in formulation of national plans, priorities and goals of the country. In line with this vision, ‘Viksit Bharat @2047 : Voice of Youth’ initiative will provide a platform to the youth of the country to contribute ideas to the vision of Viksit Bharat @2047. The workshops will be a key step towards initiating the process of engaging youth to share their ideas and suggestions for Viksit Bharat @2047.
Viksit Bharat@2047 is the vision to make India a developed nation by 2047, the 100th year of its independence. The vision encompasses various aspects of development, including economic growth, social progress, environmental sustainability, and good governance, among others.
The President of India, Smt Droupadi Murmu will visit Uttar Pradesh from 11 to 12 December, 2023.
On December 11, the President will grace the 45th convocation of Mahatma Gandhi Kashi Vidyapith at Varanasi. In the same evening, she will grace the 27 years celebration of Divine Heart Foundation (India) at Lucknow.
On December 12, the President will grace the 2nd convocation of Indian Institute of Information Technology, Lucknow.
Prime Minister Shri Narendra Modi will visit Dehradun, Uttarakhand on 8th December, 2023. At around 10:30 AM, he will inaugurate ‘Uttarakhand Global Investors Summit 2023’ being held at Forest Research Institute, Dehradun. Prime Minister will also address the gathering on the occasion.
‘Uttarakhand Global Investors Summit 2023’ is a step towards establishing Uttarakhand as a new investment destination. The two day summit is being held on 8th and 9th December, 2023 with the theme – “Peace to Prosperity”.
The summit will be attended by thousands of investors and delegates from across the world. It will witness participation of Union Ministers, Ambassadors of various countries along with leading industrialists, among others.
A Suvidha Samagam meeting under the Chairmanship of Dr. Rajendra Kumar, Director General, ESIC was held today at ESIC Headquarters, New Delhi. Pensioners and employees of ESIC virtually joined the Suvidha Samagam meeting through video conferencing from various ESIC field offices and hospitals across the country.
Director General gave patient hearing to the grievances related to medical facility, reimbursement of bills and IR/HR issues etc. of the pensioners and employees and made on the spot redressal of grievances.
Wherever on the spot redressal of the grievances was not feasible, Director General directed the concerned authority to redress the grievances within one week’s time.
Dr. Rajendra Kumar, during the meeting said that the events like Suvidha Samagam helps in creating trust between the organization and its employees/pensioners.
The meeting was also attended by the Financial Commissioner, Insurance Commissioners, Medical Commissioners, Deans, Medical Supdts. and officers of ESIC Hqrs. and field offices/hospitals.
The Prime Minister, Shri Narendra Modi unveiled the statue of Chhatrapati Shivaji Maharaj at Rajkot Fort, Sindhudurg, Maharashtra.He also paid homage to the rich maritime heritage of Chhatrapati Shivaji Maharaj.
Shri Modi also paid floral tributes to the statue and took a walkthrough of the photo gallery.
Congress’ Chainsingh Warkade defeated Union Minister Faggan Singh Kulaste by 9,723 votes, according to PTI.
Prime Minister Narendra Modi tweets, “The election results of Madhya Pradesh, Rajasthan and Chhattisgarh show that the people of India have faith only in the politics of good governance and development, their faith is in BJP. I heartily thank the family members of all these states, especially the mothers, sisters, daughters and our young voters, for showering their love, trust and blessings on the BJP…”
The Bharatiya Janata Party is on track to sweep Madhya Pradesh while the Congress sits pretty in Telangana. Trends for Rajasthan show BJP also winning in Rajasthan with the Election Commission of India figures showing a definite lead for the party. The BJP also eyes victory in Chhattisgarh where it is currently ahead in 58 of the 90 seats with the Congress trailing behind with leads in 30 seats, as per EC data. The results come as a big shot in the arm for the BJP as well as Prime Minister Narendra Modi ahead of the Lok Sabha elections 2024. For the Congress, the solitary win in Telangana will also come with the baggage of an outright rejection in the Hindi heartland ahead of the Lok Sabha elections 2024.
The Congress has conceded defeat in Madhya Pradesh, Rajasthan and Chhattisgarh and said that it will overcome the “temporary setback”.